Tag: Lender

Lender Definition and Meaning

Recently, state-owned commercial banks are not very willing to issue loans, as they are trying to protect themselves. The reasons influencing this decision may bу the missing amount of required documents, poor customer credit history, unstable or low income, etc. In a situation when the bank is not going...

How Many Mortgage Lenders Should You Apply To?

A mortgage is a long-lasting target home credit which becomes a pledge for it. It is no secret that the rates on such loans are usually very high. Mortgaging is always in demand among the population, but for banks, it is a very risky product. Therefore, they include this...